This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 3-bathroom apartment of 168 m², built in 2007, energy rating B. Located on avenida Doutor Salgado Zenha S / N, Custóias, Leça do Balio e Guifões parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment features a generous balcony with unobstructed views, and the building provides exclusive access to landscaped areas, a playground, and a sports field for residents.
The valuation. The asking price of €480,000 is positioned below the fair value of €499,683, indicating that it is underpriced by €19,683, or 4.1%. This presents a strong opportunity for prospective buyers. Buy-to-flip angle. With a fair value exceeding the asking price, a buy-and-flip strategy could yield significant profit, especially if renovation increases market appeal. The high-quality fixtures already present are attractive for resale. Buy-to-let angle. The estimated gross yield of 4.1%, equating to around €1,640 per month, makes this property an appealing option for long-term rental. Families in the suburban area near Porto could provide steady rental demand.
Fair value modelled at €499,683 from the area baseline, adjusted for condition and location. Asking €480,000 sits €19,683 (4.1%) below — the upside to fair value.
Asking €480,000 versus the avenida Doutor Salgado Zenha S / N area baseline of €467,376 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 80 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doutor Salgado Zenha S / N
Area baseline €467,376 + condition +€525 + location +€31,782 = modelled fair value of €499,683 (€2,974/m²), a €19,683 (4.1%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Salgado Zenha S / N | Subject | €480,000 | €2,857 | — | 72 | 67 |
| Matosinhos e Leça da Palmeira · f36334 | Active | €555,000 | €3,750 | 31.2% | 74 | 71 |
| rua Carlos Alberto Morais | Active | €649,500 | €4,137 | 44.8% | 72 | 72 |
| São Mamede de Infesta e Senhora da Hora · 1e63c6 | Active | €503,000 | €2,858 | 0% | 78 | 72 |
| rua da Lagoa S / N | Active | €335,000 | €2,913 | 2.0% | 80 | 72 |
| Median comp | €529,000 | €3,332 | 16.6% | 76 | 72 |
Long-term rental This property offers a solid yield of 4.1% and is situated in an area with a neighbourhood rating of 67/100, making it attractive for steady long-term tenants. Additionally, its size and configuration as a 3-bed apartment are appealing to families seeking more space in suburban Porto. Family rental Given its proximity to amenities and a commendable tenant quality in the neighbourhood, this apartment is well-positioned for family rentals. The spacious layout and favourable condition rating of 75/100 enhance its appeal to families looking for practical living options. Buy-and-hold As the property is subvalorizada with a fair value of €499,683 compared to the listing price of €480,000, it provides a promising opportunity for long-term investment. Holding onto this asset can capitalize on appreciation in a growing suburban market near Porto while benefiting from a steady rental yield of 4.1%.
Tenant turnover risk The combined tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.